The Office market in Regina is at a turning point. Vacancy has increased slightly to 17.5%, the trend plateauing compared to the beginning of 2021. With the uncertainty of a new COVID-19 variant, a recovery in the office market remains delayed.
Landlords and developers are primed to consider the future of office space, much like other markets across the country. With flexible work arrangements now the norm, it may be time to consider the alternatives for these vacancies.